Examlex
Due to advances in high speed communication networks, the information lag, or the time it takes for information to be disseminated around the world, has been significantly shortened.
Expressly Inserted
Included specifically and clearly in a contract or document.
Implied
Understood or inferred without being stated directly.
Liquidated Damages
Liquidated damages are predetermined damages agreed upon by parties in a contract, to be paid if one party breaches the agreement.
Free-Will
The concept that humans have the ability to make choices that are not predetermined by past events or divine intervention.
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